Chron.com (blog) | US Oil-Rig Count Falls by Six Wall Street Journal The number of U.S. oil-drilling rigs, which is viewed as a proxy for activity in the oil industry, has fallen sharply since oil prices started falling last year. After a streak of modest growth, the rig count has now declined for 10 consecutive weeks ... US oil drillers cut rigs for 10th week: Baker Hughes Lower Rig Counts Support Oil Prices Oil rigs down six as crude prices resume fall |